TELENT, the rump of the former GEC conglomerate that became Marconi, has agreed to a £400m takeover by a subsidiary of Guernsey-based Pension Corporation.
The deal will mean the buyout firm’s subsidiary – Co-Investment No.5 LP Incorporated (CILP), part of Pension Corporation – will take on Telent’s £3bn pension fund in the hope of making returns from financial...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.